Private Foundations Boost Giving In Response to Federal Grant Cuts
John Palfrey heads the MacArthur Foundation. Courtesy MacArthur Foundation As the Trump administration slashes federal funding for nonprofits, private foundations across the U.S. are drawing from their endowments to cover philanthropyâs growing gaps. The sector is âin a time of crisis,â according to the Chicago-based MacArthur Foundation, which plans to significantly ramp up its grant ⊠Read more